“The recent drop in gold prices on the Lao market has brought buyers out in droves to purchase gold jewellery while it remains cheap. According to gold shops in Vientiane, sale prices yesterday were at 5,060,000 kip (US$655) per baht-weight for gold jewellery – down about 500,000 kip per baht-weight on previous months. According to gold traders, large numbers of buyers have visited gold shops in Vientiane to purchase gold jewellery and bars as an investment. Some shops at the Talatsao Mall were stripped bare of all of their wares as a result of the gold rush.”
http://sg.news.yahoo.com/gold-rush-lao-prices-drop-060002085.html
Related posts:
Japan Follows Hawaii With Its Own False Missile Warning
Egyptian protesters set fire to Muslim Brotherhood headquarters
Chinese university fires outspoken economist amid crackdown on dissent
I was a Saudi arms dealer’s ‘pleasure wife’
Hedge Funds Suffer First Quarterly Net Outflows in 4 Years
U.S. officials fuming over Hersh account of Osama bin Laden raid
How Venezuelan Used ‘Scrape’ to Make Six Times Her Salary
Dave Gold dies at 80; entrepreneur behind 99 Cents Only chain
New Jersey's Christie seen shifting focus in speech amid scandals
California to cap income eligibility for clean-vehicle rebates [2014]
Spain: Unemployment For Under 25s Over 55%
Overstock CEO: Why we're accepting bitcoins
Senators push bill to replace Fannie, Freddie with national mortgage insurance
Afghan villagers flee their homes as US drones terrorize them
New York Fed Agreed To Testify For Bank Of America In Exchange For $43 Million